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you talk about new developing technologies. it is a challenge for solar, particularly because i.t. is very expensive, if you don't have the government grants and support like they have in europe to encourage people to put those on their homes, you will not get the volume necessary to bring down the costs and make the tens of thousands of dollars of investment -- takes a long time to pay that off and will be hard for our consumer business to do that. host: these are the some sectors of manufacturing. first is new orders of machinery. what kinds of machinery are talking about? -- are we talking about? guest: anything from bulldozers to machines that make the semiconductors. it is a wide range of machinery. it is a big part of the classification manual for products. things like materials handling equipment, conveyors, stacking machinery, those types of things. host: when we look at this, it is getting to recession levels? guest: it has exceeded pre recessionary levels. back in june, aided $33.3 billion. as we discussed earlier, things are dipping a little bit in the last couple of
technologies. it is a very diversified company comprised of several well-known brands known to many of you, and they also have utc climate controls and security and utc aerospace, which includes a good rich. utc has been a wonderful partner with "national journal." they also partnered with us on the congressional connection poll to get a sense of what is going on outside of washington and bring that news and information here. and as "national journal" daily readers, it can be informed via utc and the congressional connection poll as well. i want to thank the entire team for partnering with us not only on the charlie cook events, but on the congressional connection told. greg is the senior vice president of global government relations, and he feeds the government affairs activities for utc as well as their activities in china, russia, and the eu. he is well known in washington and well respected and very well liked. please welcome greg. [applause] >> thank you, victoria. >> you're welcome. >> charlie wanted to know when victoria was doing with such a nice introduction for me, for god's sake
in the business is technology and metal side of things. the chinese have a 40-year plan for medical technology and innovation. we cannot have a 40 day plan here in washington. >> in the health care bill we say everybody else in the world would celebrate that and say how to expand our lead globally? the fda slows down approval by at least two years an additional comparison. go compete in cd can still be leaders in the world. pretty tough to do. >> the health care bill is a perfect example of the government getting in the way. thing about the dating -- of dictating to an interest company everything. we the government will decide that on your behalf. there's not a better example anything that has happened and the health care bill when comes to the government being in the way of businesses and entrepreneurs. >> you have all outlined the worst-case scenario. we mentioned earlier the fiscal cliff. that is what is leaning come november the seventh. they are already working on it. some republicans were already saying they will agree to those tax cuts. >> i think a lot of people you're talking about ar
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